Boston Scientific Hit By Inventor's $570M Contract Suit
By Dan Prochilo (September 16, 2013, 6:10 PM EDT) -- Boston Scientific was sued for $570 million by the patent licensing company of a doctor who invented the implantable cardioverter-defibrillator, in a case removed to federal court last week that accuses the company of secretly settling with an alleged infringer and failing to share the proceeds.
The Maryland suit alleged the medical device maker and two of its subsidiaries, which had licensed multiple ICD patents from inventor Dr. Michel Mirowski, struck a deal to settle six suits against St. Jude Medical Inc. for purportedly infringing the patents, in exchange for St. Jude's dropping the claims it had filed against Boston Scientific....
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